#Fakeeh Care Group

Fakeeh Care Group’s $763.4m IPO oversubscribed 119 times

Fakeeh Care Group’s $763.4m IPO oversubscribed 119 times

The pricing of SAR57.5 per share implies a market valuation of around SAR13.3bn at listing

Fakeeh Care Group sets IPO price range, seeks to raise $763m

Saudi Arabia’s Fakeeh Care Group sets IPO price range, seeks to raise $763m

The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital

Saudi Arabia’s Fakeeh Care Group to sell 21.47% stake in Riyadh IPO

Saudi Arabia’s Fakeeh Care Group to sell 21.47% stake in Riyadh IPO

The healthcare group plans to offer 30 million new shares and 19.8 million existing shares to investors – equivalent to 21.47 per cent of the company’s paid-up capital